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Algonquin 60102 Dawson Mill
2400 Dawson Lane
$273,000
● House - Off Market

2400 Dawson Lane

Algonquin, IL 60102
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,569 Ft²
$2,025
Est. Monthly
$235
HOA / Fees
7.00%
Cap Rate

About This Property

WELL MAINTAINED BUT RARE CORNER UNIT TOWNHOUSE FEATURING 2 BEDROOMS + 2 POTENTIAL BEDROOM ON LOWER LEVEL, 2.5 BATHROOMS WITH 2 FULL CAR GARAGE IN THE MOST DESIRABLE AREA OF ALGONQUIN. LOCATED BY THE GOLF COURSE WITH GREAT OPEN FLOOR PLAN. ENTERING THE TOWNHOUSE FROM PRIVATE SIDE YARD AND STEP INTO FOYER AND LIVING ROOM WITH LOTS OF NATURAL LIGHTING THRU SKYLIGHTS, WINDOWS AND BALCONY. SEPARATE DINING ROOM. WOOD LOOK VINYL FLOORING THROUGHOUT THE UNIT. LARGE MASTER BR WITH PRIVATE BATH. LAUNDRY ROOM IN UNIT. GREAT LOCATION WITH EASY ACCESS TO SHOPPING, RESTAURANTS, MAJOR ROADS AND OTHER CONVENIENCES. TAKE A LOOK AND MAKE IT YOUR NEW HOME! PROPERTY CAN BE RENTED/LEASED!
Unit Size
1,569 Ft²
Days on Market
-
Land Size
-
Price per sqft
$172
Property Type
House
Property Taxes
$464
HOA Dues
$235
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 35
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 579
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,640
  • Total Building Area: 1,569
  • Building Area: 1,569
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,569
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DAWSON MILL VILLAGE CONDOS 6TH
  • Land Acres: 0000001025
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2019R0036069 UNIT 156 DAWSON MILL VILLAGE CONDOS 6TH AMEND (PT LT 119 DAWSON MILL) MEMO: SOLARTE, LUIS MANUEL/ BRITNAY M

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871206

Geography

  • Parcel: 19-32-128-006
  • Block: 128
  • Lot: 119
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1642
  • Longitude: -88.3318

    Address

  • Full Address: 2400 Dawson Ln
  • Legal Unit: 156
  • Address - House Number: 2400
  • Address - Street Name: Dawson
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C022
  • 4-Digit Zip Code: 5981
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $440,604
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.151
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 81
  • Final Value: 231,279
  • High Value: 266,207
  • Low Value: 196,352

    Market Valuation

  • Market Total Value: $154,131
  • Market Land Value: $33,480
  • Market Improvement Value: $120,651

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,377
  • Assessed Land Value: $11,160
  • Assessed Improvements Value: $40,217

    Sales

  • Current Sale Contract Date: Oct 18, 1996
  • Current Sale Recording Date: Oct 21, 1996
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 96R-054019

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dawson Mill

Stats & Trends

Median Asking:

$389,950

Sale Price/ft²

$204

Above Asking

0.00%

Average Days on Market

40

Average Home Size

1408 ft²

Average Home Age

31 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 930 Mesa Drive, Lake In The Hills, IL, 60156

$2,195 /mo

  • 2 Beds
  • 1 Bath
  • 1,334 ft²
930 Mesa Drive, Lake In The Hills, IL, 60156 Listing by Richard O'Connor
Unit for rent at 2062 Peach Tree Lane, Algonquin, IL, 60102

$2,400 /mo

  • 2 Beds
  • 2 Baths
  • 1,639 ft²
2062 Peach Tree Lane, Algonquin, IL, 60102 Listing by Hank Fatoorehchi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Yee-Mei Chua, Pavilion Realty LLC
Data Source: MRED, MLS# MRD12470245
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2400 Dawson Lane built and last sold?
The property at 2400 Dawson Lane was built in 1996 and last sold on Oct 18, 1996 for $125,500.
How much is this home worth?
The estimated value of the home located at 2400 Dawson Lane is $0.
What are some comparable homes to 2400 Dawson Lane?
There are currently no comparable homes to 2400 Dawson Lane.
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